Deutsche Bank sets up advisory board

Fri, 02/22/2008 5:00 AM | Business

JAKARTA: Deutsche Bank announced Thursday the formation of an Asia-Pacific advisory board to aid the bank's development in the region.

The board comprises 11 prominent external figures from the region who will provide advice to its Asia-Pacific Executive Committee, including Sofjan Wanandi, the chairman of the Indonesian Employers Association (Apindo).

The board held its first meeting in Singapore on Thursday.

"The collective intellectual capital, experience and relationships of the advisory board members will be a great benefit to our clients, employees and the bank's broader Asian franchise," said the CEO of Deutsche Bank Asia-Pacific, Colin Grassie.

Germany-based Deutsche Bank, which has 77,920 employees in 75 countries, is a top global investment bank with a profitable private clients franchise. -- JP

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